California Organized Investment Network (COIN) Is a Collaborative Effort Between the California Department of Insurance, the Insurance Industry, Community Affordable Housing and Economic Development Organizations, and Community Advocates.

The Investigation Division investigates suspected fraud committed by insurance agents, brokers, public adjusters, bail agents, insurance companies and other individuals and entities transacting the business of insurance who perpetrate fraud against consumers.

Climate Risk Carbon Initiative

In early 2016, Commissioner Dave Jones undertook an effort to evaluate the degree to which California insurers might be impacted by the effects of climate change on the economy. Because of climate change, the world is shifting toward the use of renewable energy and away from fossil fuels. As a result, investments in enterprises that generate a significant portion of their revenue from fossil fuels have the potential of experiencing precipitous declines in value. The Commissioner's Climate Risk Carbon Initiative was designed to provide the public with information relating to potential climate change-related financial risks faced by California insurance companies resulting from their exposure to fossil fuel-based investments. As a focal point of this Initiative, the Commissioner also asked insurers to voluntarily divest from thermal coal investments.

The Department conducted a Climate Risk Data Survey and has compiled the information from the Data Survey into a database that provides a detailed evaluation of insurers' investment portfolios to determine if they hold high-risk fossil fuel assets - particularly investments in thermal coal. It also includes the responses to the divestment request.